St. Louis Blues owner Dave Checketts said he would be granted an extension to repay a $120 million loan from a Citigroup Inc.-led syndicate, giving him more time to sell the National Hockey League team.
The National Hockey League’s Board of Governors approved the sale of the St. Louis Blues to a group led by Tom Stillman, the chairman and chief executive of St. Louis-based beer distributor Summit Distributing.
T.J. Oshie of the St. Louis Blues has the National Hockey League’s second-best selling jersey since scoring four shootout goals for the U.S. Olympic hockey team in a win against host Russia at the Sochi Winter Games.
Bill Stiritz paid scant attention to Herbalife Ltd. until a televised smackdown in January between billionaire hedge-fund activists Carl Icahn and Bill Ackman, who claims the nutrition company is a pyramid scheme. Icahn’s rebuttal convinced Stiritz to take a closer look.